How RBA Decisions Affect the Australian Dollar. Forecast as of 11.10.2024

A strong labor market, high inflation and lower rates allowed the RBA to keep the cash rate plateaued while other central banks were easing monetary policy. In autumn, everything changed. Let’s discuss it and make a trading plan for AUDUSD.Highlights and key points The Reserve Bank does not exclude a reduction in the cash rate. The RBA is fighting inflation, boosted by the government. As expectations of monetary expansion grow, the Aussie will fall.  Sell AUDUSD on a rise to 0.678 and